Food & Beverage.
Brands Food & Beverage. Stores

CCD’s Cafe Count Drops To 450 In FY24

The number of operational vending machines of Café Coffee Day has increased to 52,581 in the financial year 2024 (FY24) from 48,788 in FY22-23

Read More
Brands Food & Beverage. Stores

Nothing Before Coffee Opens 4 New Stores, Plans 80 More By 2025

NBC has disclosed ambitious plans to open 80 new outlets across India by 2025, aiming to further expand its presence in the country’s vibrant coffee market

Read More
Companies consumer Consumer Economy Food Food & Beverage. Food/Entertainment News Retail Sector

Inflation Drives Up Thali Costs: Vegetarian Thali Price Sees 11% Increase In July

Non-vegetarian thali experiences a slower 6 per cent rise amidst surging vegetable prices Inflation is now impacting the cost of thalis across India, with the price of a vegetarian thali increasing by 11 per cent and a non-vegetarian thali by 6 per cent in July on a month-over-month basis, according to CRISIL MI&A Research estimates. […]

Read More
consumer Consumer Economy Fashion & Lifestyle Food & Beverage. Food/Entertainment News Real Estate Retail Sector Stores

India’s Retail Leasing Skyrockets By 100% In Q2 2024: Report

JLL report highlights fashion and F&B categories as major contributors Leasing activity by retailers in organised retail centres and key high streets across the top seven cities in India surged by over 100 per cent in the second quarter (Q2) of 2024, according to a report by real estate firm JLL. Despite a recent slowdown […]

Read More
Brands Companies consumer Consumer FMCG Food Food & Beverage. Food/Entertainment Grocery News Retail Sector

LT Foods Reports 17% Revenue Growth & 13% Profit Increase In Q1 FY25

Strategic focus on premiumisation and innovation drives impressive growth for LT Foods LT Foods revealed its unaudited consolidated financial results for the first quarter ended 30 June 2024. The company’s total revenue for Q1 FY25 stood at Rs 2,088 crore, marking a 17 per cent increase year-on-year. Gross profit reached Rs 700 crore, up 16 […]

Read More
Brands Companies consumer Consumer FMCG Food Food & Beverage. News Retail Sector

Nestle India Reports Resilient Q1FY25 Performance Amid Economic Challenges

Strategic initiatives and product innovation drive Nestle India’s growth despite inflationary pressures Nestle India reported a revenue growth of 3.3 per cent YoY, reaching Rs 4,813.9 crore. Despite facing lower consumption growth, the company achieved decent growth due to an improved product mix and increased sales volume. The company reported a 5.6 per cent YoY […]

Read More
consumer Consumer Economy Food Food & Beverage. Government Grocery News Retail Sector

Telangana Faces High Retail Inflation: 6.4% Rate Surpasses National Average

Economic survey reveals Telangana’s persistent inflation issues amidst national challenges According to the Economic Survey of India for FY 2023–2024, Telangana has one of the highest retail inflation rates in the country at 6.4 per cent, compared to the nationwide average of 5.4 per cent. Union Finance Minister Nirmala Sitharaman presented the survey to Parliament […]

Read More
Brands Companies consumer Consumer FMCG Food Food & Beverage. Grocery News Retail Sector

Parag Milk Foods Reports Strong Q1FY25 Performance With 10% Volume Growth & 77% PBT Increase

Parag Milk Foods achieves growth in core categories and improved margins amidst soft raw material prices Parag Milk Foods has revealed its unaudited financial results for the quarter ending 30 June 2024. The company has reported robust growth figures, showcasing its strong market presence and effective strategies. In Q1 FY25, Parag Milk Foods recorded a […]

Read More
consumer Economy Food Food & Beverage. Government Grocery News Retail Sector Trade

Govt’s Interventions, RBI’s Measures Helped Maintain Retail Inflation At 5.4%: Economic Survey 2024

During FY22 and FY23, the COVID-19 pandemic, geopolitical tensions and supply disruptions contributed to rising inflationary pressures globally The Economic Survey 2024, tabled by Union Finance Minister Nirmala Sitharaman in the Parliament on Monday stated that despite the pandemic and geopolitical tensions, the Central Government’s timely policy interventions and the Reserve Bank of India’s price […]

Read More
Brands Companies consumer Consumer Economy Feature Food & Beverage. News Retail Sector

Beverage Industry Seeks Tax Reforms & Sustainable Growth In Union Budget 2024

With the Union Budget 2024 just around the corner, key players in the beverage industry voice their expectations for reforms that could drive growth and sustainability With the Union Budget 2024 just around the corner, key players in the beverage industry are voicing their expectations for reforms that could drive growth and sustainability. The focus […]

Read More